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210-230 Pelham Rd
New Rochelle, NY 10805 Southeast

$1,075,000 USD

Apartments For Sale • 221,038 SF

Property Details

Property Type Apartments
Total Building Size 3,750 SF
Lot Size 3.38 AC
Building Class C
Year Built 1953
Cap Rate 10.65 %

48 Transit Score

83 Walk Score

                
                    Highlights
                
                                5 Vacant 1BR Units * Free Market * No Rental Regulation (Rent as you wish to programs etc)
                            
                                Landlord not responsible for utilities
                            
                                11% Cap Rate and 25% Cash-on-Cash Return based on 75% Loan-to-Value (LTV)

Property Flyers

210-230PelhamRoadNewRochelle (4)_compressed

Financial Summary (Proforma)

Net Operating Income: $114,497 USD (2024)

Cap Rate:	10.65 %
Total Expenses:	$41,188 USD

Amenities

24 Hour Access
Dishwasher
Laundry Facilities
Microwave
Refrigerator
Oven
Stainless Steel Appliances
Range
Tub/Shower

Public Transportation

Commuter Rail	Drive	Walk	Distance
New Rochelle Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	2 min	15 min	0.8 mi
Pelham Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	6 min	-	3.0 mi
Airport	Drive	Walk	Distance
Laguardia	27 min	-	14.7 mi
Westchester County	26 min	-	16.7 mi
John F Kennedy International	33 min	-	22.2 mi

Michael Nukho 914-670-7065 NuRealty Advisors, Inc.

210-230 Pelham Rd New Rochelle, NY 10805 Southeast